Global floating oil storage declined at a fast pace in December as traders sold crude held on tankers in the absence of price incentives to store it and in order to meet peak winter demand in Asia, ...

EDP energised the 5MW Alqueva floating solar project (pictured) last week. Image: EDP Portuguese utility EDP is to add energy storage to a hybrid floating solar and hydropower project after it was ...

The global floating storage and regasification unit (FSRU) market is experiencing significant growth due to several key factors. Countries are increasingly turning to FSRUs to enhance energy security ...

Floating storage could hit tanker markets this year, with the potential to boost earnings even further than initially forecast. The US Energy Information Administration (EIA) said inventory builds ...

LONDON—Iran has started drawing on oil reserves in floating storage, according to ship-tracking data, a move which could mark a turning point for the country this year. The data from Marine Traffic ...